Latest Nissan Motor Co Ltd News
Turkey: pilots on trial over Ghosn escape released from jail
ISTANBUL (AP) — A Turkish court on Friday released four pilots and a private airline official from jail, pending the outcome of their trial on charges of smuggling former Nissan Motor Co. chairman Carlos Ghosn out of Japan to Lebanon, via Turkey. The court, however, barred the five from leaving Turkey and...
Japan seeks extradition of Americans accused in Ghosn escape
TOKYO (AP) — Tokyo prosecutors said Friday they have filed a request for the extradition of two Americans arrested in the U.S. for allegedly helping Carlos Ghosn, the former chairman of Nissan, flee Japan while he was out on bail. “We express our deepest gratitude for the cooperation the U.S....
Nissan officials face angry shareholders on red ink, scandal
TOKYO (AP) — Nissan Chief Executive Makoto Uchida told shareholders Monday he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results and promised a recovery by 2023, driven by cost cuts...
Money-losing Mitsubishi says executives will take pay cuts
TOKYO (AP) — Mitsubishi Motors told its shareholders Thursday that its top executives are taking pay cuts to share responsibility for the Japanese automaker’s financial losses. “I hope we can gain your understanding,” Chief Executive Takao Kato said on how, given the harsh conditions,...
The Latest: New Zealand is no longer coronavirus-free
WELLINGTON, New Zealand —- New Zealand is no longer free from the new coronavirus after health officials say two women who flew from London to see a dying parent had tested positive. But before they were tested, the women had been given an exemption to leave quarantine on compassionate grounds and had...
Nissan banks on new Rogue small SUV to begin US comeback
DETROIT (AP) — There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States. The small SUV has been redesigned for the 2021 model year, and a replacement can’t come fast enough for...
2 accused in ex-Nissan boss escape scheme fight extradition
A former Green Beret and his son accused of smuggling ex-Nissan Motor Co. Chairman Carlos Ghosn out of Japan in a box are fighting their extradition to the country, arguing the offense is not a crime there. Michael and Peter Taylor are wanted in Japan on allegations that they helped Ghosn flee the country in...
The Latest: UN urges $2.4 billion in aid for war-torn Yemen
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — UN urgently appeals for $2.4 billion to help Yemen cope...
41 million jobs lost; homebound gear up to get out, way out
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus. ________________________ IMMOBILIZED: Job cuts in the transportation industry have arrived...
Nissan to close Indonesia, Spain auto plants after losses
TOKYO (AP) — Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed global demand and disrupted production. Yokohama-based Nissan’s chief executive, Makoto Uchida, said Thursday that its European...
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